coin-img-ETHETH+1.09%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.33%coin-img-UCNUCN+0.24%coin-img-XRPXRP+0.80%coin-img-USDCUSDC+0.03%coin-img-TAOTAO+21.79%coin-img-ASTERASTER-0.91%coin-img-ETHETH+1.09%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.33%coin-img-UCNUCN+0.24%coin-img-XRPXRP+0.80%coin-img-USDCUSDC+0.03%coin-img-TAOTAO+21.79%coin-img-ASTERASTER-0.91%coin-img-ETHETH+1.09%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.33%coin-img-UCNUCN+0.24%coin-img-XRPXRP+0.80%coin-img-USDCUSDC+0.03%coin-img-TAOTAO+21.79%coin-img-ASTERASTER-0.91%coin-img-ETHETH+1.09%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.33%coin-img-UCNUCN+0.24%coin-img-XRPXRP+0.80%coin-img-USDCUSDC+0.03%coin-img-TAOTAO+21.79%coin-img-ASTERASTER-0.91%
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Alexander Zdravkov

Stablecoin Issuers Capture 60–75% of Daily Crypto Protocol Revenue

Stablecoin providers account for 60% to 75% of total daily protocol revenue across lending, decentralized exchanges, and blockchain infrastructure. Tether projects $15 billion in revenue for 2025 with a 99% profit margin, according to CEO Paolo Ardoino. Synthetic dollar USDe has risen to become the third-largest stablecoin, while Coinbase offers 3.85% APY on USDC holdings.
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